Short Interest in Dacotah Banks, Inc. (OTCMKTS:DBIN) Rises By 268.8%

Dacotah Banks, Inc. (OTCMKTS:DBIN) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 59 shares, an increase of 268.8% from the June 15th total of 16 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 296 shares, the days-to-cover ratio is presently 0.2 days.

Dacotah Banks Stock Performance

Shares of DBIN remained flat at $46.00 during mid-day trading on Tuesday. Dacotah Banks has a 12-month low of $34.50 and a 12-month high of $48.00. The company has a market cap of $510.60 million, a P/E ratio of 10.72 and a beta of -0.05. The business has a 50 day moving average price of $44.74 and a 200-day moving average price of $43.27.

Dacotah Banks (OTCMKTS:DBIN) last issued its earnings results on Thursday, May 7th. The company reported $1.24 EPS for the quarter.

Dacotah Banks Company Profile

Dacotah Banks (OTCMKTS:DBIN) is a state-chartered, FDIC-insured community bank headquartered in Huron, South Dakota. Through its branch network in eastern South Dakota and western Minnesota, the bank offers a range of personal banking services, including checking and savings accounts, consumer lending and residential mortgage solutions. Online and mobile banking platforms complement these offerings with tools such as mobile deposit, electronic statements and bill pay.

On the commercial side, Dacotah Banks provides business and agricultural lending, treasury management, merchant services and cash management solutions.